Check this one out:

http://money.cnn.com/2007/04/24/news/economy/home_sales/index.htm

(Note how the paragraph starts with “Still”)

“Still, Lereah said low mortgage rates and reduced prices from sellers wary of the soft market should help sales to gradually improve during the second half of this year. He said weak sales are ‘masking improved fundamentals in the housing market.'”

So what are the fundamentals that have improved? It can’t be sales, which are masking the fundamentals…